As Donald Trump hikes tariffs on Chinese goods to an unprecedented 145%, China appears to be outmaneuvering Washington through clever supply chain rerouting. Chinese exports are increasingly flowing through countries like Vietnam, Malaysia, and Indonesia to dodge U.S. tariffs — raising concerns about global trade transparency. Meanwhile, Vietnam records $18.5 billion in net FDI, some of which may be due to this strategic redirection. Trump has vowed more tariff hikes, while Beijing threatens to retaliate, placing ASEAN economies at risk and pushing the global trade system into chaos.

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